Clay Craft India Announces Acquisition of JCPL brand
Clay Craft’s acquisition of JCPL’s brand will see a parallel branding of both JCPL and its own products in the market. Clay Craft India will get a facelift by undertaking the branding rights allowing the firm to increase its distributor and retailer network and an increase in the market share.
Padam Narian Agarwal, Managing Director, Clay Craft India, says, “We are very happy to announce the acquisition of JCPL brand which is still having its footmarks and a vast network across India. Clay Craft group will run Jaipur Ceramic brand parallel to its existing brands.
The supply of the additional market demand will be satisfied by Clay Craft India’s existing facility initially. To satisfy this additional demand under JCPL brand, group has also planned to set up one plant at an investment of Rs. 100 Crore by the year end. JCPL’s global network will help us to bring global distributorship expertise and we will utilise it to increase our presence in global markets.”
